Wednesday, July 12, 2006

12.07 - USD AND CAD

important today:

us trade balance...

cad - propably time to take profits from cad shorts here....eur 1,4460, usd 1,1350, wait for better levels to re-open...

eur-usd - short should work well while below 1,2790, potential target 1,2655 first, but in my opinion better to wait for the number....

usd-jpy - while above 114,40 possible 114,90 target

be carefull, in my opinion better to wait and eventually take some fast profits after the number

good luck

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